NOT LISTED FOR SALE

Estimated Value: $691,000 - $889,000

-- Bed
-- Bath
2,576 Sq Ft
$315/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $250,000 $97 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $4,677/month

4 Days on Market

Highlights

  • Island Location
  • Porch
  • Interior Lot
  • Fenced Yard
  • Eat-In Kitchen
  • Living Room

About This Home

As of April 2017

The seller acquired the property through foreclosure or deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility to turn on utilities in Buyer's name and acquire all local and state inspections that may be needed prior to closing. All questions and concerns should be answered by personal inspection and research.

Last Agent to Sell the Property

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135 Listed on: 02/15/2017

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135 Listed on: 02/15/2017

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,168

Lot Details

  • Lot Dimensions are 40 x 100
  • Fenced Yard
  • Interior Lot

Parking

  • Driveway

Home Design

  • Quadruplex

Interior Spaces

  • Living Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry Room

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Island Location

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 25 / 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,168

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Four-Plex
  • Location: Inside Lot, Island
  • District Township: 15-Wildwood Crest
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Lot Size2: 40 X 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Living Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Porch, Fenced Yard

Garage/Parking

  • Parking: Concrete Driveway

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 25
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 349100

Tax Info

  • Taxes: 4168.25
  • Tax Year: 2017

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 16, 2017
Sold by
Oceanfirst Bank
Bought by
Pereira Jorge B and Pereira Ana
Seller's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$810,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,244
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
Jan 18, 2017
Sold by
King John L and King Catherine L
Bought by
Ocean City Home Bank

Purchase Details

Closed on
Feb 27, 2008
Sold by
Atkinson Mary F
Bought by
King John L and King Catherine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pereira Jorge B $25,000,000 Wfg National Title Insurance
Ocean City Home Bank -- Foundation Title Llc
King John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ocean City Home Bank --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $250,000 +2.0% $97 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $245,000 -- $95 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,982 $349,100 $230,500 $118,600
2024 $4,982 $349,100 $230,500 $118,600
2023 $4,908 $349,100 $230,500 $118,600
2022 $4,769 $349,100 $230,500 $118,600
2021 $4,629 $349,100 $230,500 $118,600
2020 $4,500 $349,100 $230,500 $118,600
2019 $4,465 $349,100 $230,500 $118,600
2018 $4,392 $349,100 $230,500 $118,600
2017 $4,304 $349,100 $230,500 $118,600
2016 $4,168 $349,100 $230,500 $118,600
2015 $4,105 $349,100 $230,500 $118,600
2014 $4,015 $349,100 $230,500 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174665

Cape May County Association of REALTORS®

APN: 15-00002-0000-00025